TORONTO FILM FESTIVAL OPENER 'NUTCRACKERS' SELLS TO HULU IN 8-FIGURE DEAL

Rhea-AI Summary

Rivulet Entertainment Inc. (Ticker: RIVF) announces the sale of its film 'Nutcrackers' to Hulu in an eight-figure deal. The family comedy, which opened the Toronto Film Festival, is directed by David Gordon Green and stars Ben Stiller, Linda Cardellini, Edi Patterson, Tim Heidecker, and Toby Hussles. Produced by Rivulet's Rob Paris and Mike Witherill, along with Rough House's Nate Meyer, the film will be released by Hulu for Christmas.

Rivulet Entertainment is a company engaged in producing and marketing feature-length films, television, and music production. The company acquired the assets of Rivulet Media Inc. and has previously produced and financed films such as John Wick, The Blackcoats Daughter, Drinking Buddies, and I Am The Pretty Thing That Lives In The House.

Positive

• Secured eight-figure deal with Hulu for 'Nutcrackers' film
• Film opened the Toronto Film Festival, gaining significant exposure
• Hulu plans Christmas release, potentially maximizing audience reach

Negative

• None.

News Market Reaction – RIVF

-3.41%

1 alert

-3.41% News Effect

On the day this news was published, RIVF declined 3.41%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SCOTTSDALE, Ariz., Sept. 19, 2024 /PRNewswire/ -- Rivulet Entertainment Inc. (Ticker: RIVF) announces Nutcrackers, which opened the Toronto Film Festival and became the first splashy acquisition deal on the ground since the festival began. Hulu is paying eight figures for the family comedy directed by David Gordon Green and starring Ben Stiller, Linda Cardellini, Edi Patterson, Tim Heidecker, and Toby Hussles. Producers are Rivulet's Rob Paris and Mike Witherill and Rough House's Nate Meyer. UTA Independent Film Group represented Rivulet on the sale. Hulu will release it for Christmas.

 About Rivulet Entertainment, Inc. (Ticker: RIVF). The Company is engaged in producing and marketing feature-length films, television, and music production. The company came into existence when it purchased the assets of Rivulet Media Inc. Rivulet's Rob Paris and Mike Witherill have produced and financed such films as John Wick, The Blackcoats Daughter, Nutcrackers, Drinking Buddies, and I Am The Pretty Thing That Lives In The House.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review.

Rivulet Entertainment Inc:

www.rivuletentertainment.com

email: leann@rivuletentertainment.com

Ticker Symbol: RIVF

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SOURCE Rivulet Entertainment Inc

FAQ

What is the recent major deal announced by Rivulet Entertainment (RIVF)?

Rivulet Entertainment (RIVF) announced the sale of its film 'Nutcrackers' to Hulu in an eight-figure deal.

When and where did 'Nutcrackers' premiere?

The film 'Nutcrackers' opened the Toronto Film Festival in September 2024.

Who are the key stars in Rivulet Entertainment's 'Nutcrackers'?

The family comedy 'Nutcrackers' stars Ben Stiller, Linda Cardellini, Edi Patterson, Tim Heidecker, and Toby Hussles.

When is Hulu planning to release 'Nutcrackers' by Rivulet Entertainment (RIVF)?

Hulu plans to release 'Nutcrackers' for Christmas 2024.